In order to get a decent job nowadays, one needs to invest in education. Thankfully, most of the governments around the world has programs like Study Now Pay Later which allow financially challenged students the opportunity to study. Unfortunately, with the high cost of living and the meager wages, fresh graduates often face large debts due to their previous educational debt and low income.
A possible way to go around this dilemma is IVA (Individual Voluntary Arrangement) which basically lessens the burden of debts by compromising with what the student can actually pay in a given time frame.
This can also be beneficial to businesses who have incurred debt due to the recent global financial crisis. It could possibly make or break a company who has no capacity to pay but still have a viable market to cater to especially now that the global market seem to have regained its footing and starting to show signs of positive activity and growth.
To know more about IVA’s whether or not you are eligible to partake in their services, you can fill out an online application form with five simple sections, Clear Debt Analyser, Debt Management Comparison, Debt Repayment Calculator as guide to give you a preliminary assessment on your eligibility.
{ 5 comments… read them below or add one }
i think this’ll be good. more options for the students who’d like to study but can’t afford at the moment
mahal ng tuition ngayon ah!
i wonder why my comment was not posted…anyways, sweetie there are another set of Quick pages to snag in my scrap blog – http://www.scraplikecrazy.com
do come by and get it
musta nmn ang beauty mo? =)
i miss ur polvoron. hihihi.. can u teach me how to make some? =D
lam mo its nice to have this kind of system sa pinas.. wla lang nag popondo takot siguro di sila balikan pag nakatapos na mga students nila..
anyways, am working on our debts.. at sobrang hirap ha.
agree with niko. ideally, there SHOULD be something like this for every country, but it’s impossible with the Philippine’s current system.
and you doesn’t sound, este, read, like fedhz.
*scrolls up*
shoot. i knew it. mike.